单选题Which of the following statements about the role of depreciable lives and salvage values in the computation of depreciation expenses for financial reporting is least accurate? A. Companies typically disclose data about salvage values in annual reports. B. The useful life of the same depreciable asset can vary from company to company. C. High estimates of salvage values reduce depreciation expense.
单选题A company recently opened a limestone quarry at a location outside its traditional service area. Because limestone is a major ingredient in concrete, if the quarry is successful the company plans to build a ready-mix concrete plant is best described as:
单选题 试根据下表所示的数据解答问题。
净收益折旧税金支付利息支付股息支付出售厂商房屋获得的现金出售优先股普通股回购购买机器债券发行通过发行普通股偿还债务清偿长期银行贷款房屋出售利润
48000美元52000美元30
000美元4000美元10000美元33000美元27000美元6000美元3000美元12000美元7000美元6000美元4000美元
单选题The fair value of equipment used by a firm exceeds its canting value. Which of the following statements is least accurate?
单选题Ascot Corporation has 4 million shares of common stock authorized, 2.4 million shares of common stock issued, and 1.8 million shares of common stock outstanding. How many shares of treasury stock does Ascot own and is the treasury stock reported as an asset in Ascot' s balance sheet? Treasury shares Reported as an asset ①A. 600000 Yes ②B. 1.6 million No ③C. 600000 No
单选题在年初，A公司按照每股80美元的价格购进1000股B公司的股票。在该年中，B公司向每股支付了4美元的股息。在年末，B公司的股价为每股75美元。试根据上述条件解答问题。
单选题Gloria, CFA, has been assigned by her employer to analyze Well Limited. Which of the following actions would most likely violate AIMR's Standard Ⅲ (C), Disclosure of Conflicts to Employer? Gloria does NOT report to her employer that: A. she owns three shares of Well Limited. B. her mother owns 10 shares of Well Limited. C. she is trustee of the Well Limited Foundation for Heart Research.
单选题An important reason for constructing an investment policy statement is that it: A. minimizes the costs of portfolio construction. B. ensures that managers outperform the performance benchmark. C. includes a performance benchmark to judge manager performance.
单选题Kazuya Kato, CFA, is a widely followed economist at a global investment bank
单选题A candidate for public office has proposed a program of wealth
transfers based on the principles of utilitarianism. In support of her proposal,
she makes the following statements: Statement 1: "Increasing
taxes on high income earners will cause them to work more hours to maintain
their after-tax income, resulting in greater economic output. "
Statement 2: "The government will need to hire people to manage and administer
the wealth transfers. These new jobs will further expand economic output.
" Are these statements correct or incorrect?
Statement 1
Statement 2 ①A.
Incorrect
Correct ②B. Correct
Incorrect ③C. Incorrect
Incorrect
A. ①
B. ②
C. ③
单选题When preparing pro forma income statements, which one of the following items is least likely to be sales driven?
单选题An analyst does research about cost of capital. All else constant, if a company's marginal tax rate increases, the weighted average cost of capital most likely: A. decreases. B. remains unchanged. C. increases.
单选题Which of the following items is least likely to be included in the M2 measure of the money supply? A. Time deposits. B. Savings deposits. C. Governmental checking account deposits.
单选题An analyst does research about common probability distribution and estimates an asset turnover ratio will range from 1.7 to 2.4. If the ratio follows continuous uniform distribution, the probability the company's asset turnover ratio will be less than 2.1 is closest to: A. 43.9% B. 57.1% C. 70.0%
单选题WhichofthefollowingstatementsabouttheGlobalInvestmentPerformanceStandards()isNOTaccurate?Thestandardsrequirethatacomposite:A.isselectedaccordingtopre-establishedcriteria.B.isanaggregationofoneormoreportfoliosmanagedaccordingtoasimilarinvestmentmandate,objectiveorstrategy.C.includeastatementreferringtotheperformanceofasingle,existingclientportfolioasbeing"calculatedinaccordancewiththeGlobalInvestmentPerformanceStandards".
单选题Which of the following choices best describes the effects on consumption, investment, and net exports that would result from an increase in the price level, other factors held constant? Consumption Investment Net exports ①A. Decrease Decrease Decrease ②B. Decrease Increase Increase ③C. Increase Decrease Decrease
单选题A legally binding promise to buy 140 oz. of gold two months from now at a price agreed upon today is a(n) :
单选题Thefollowingtablepresentshistoricalinformationfortwostocks,RTFandKIU:VarianceofreturnsforRTF0.0625VarianceofreturnsforKIU0.0900CorrelationcoefficientbetweenRTFandKIU0.4500ThecovariancebetweenRTFandKIUisclosestto:
单选题An analyst does research about the put-call parity. With respect to the put-call parity, which of the following positions is equal to a synthetic call position? A. Long a put, long the underlying, and short a risk-free bond. B. Short a put, long the underlying, and short a risk-free bond. C. Long a put, short the underlying, and long a risk-free bond.
单选题Determine the cash flow from operations given the following table.